Scholarships are awarded through the School of Dental Medicine Student Services during the Fall Term. Applicants are reviewed on the basis of academic status, as well as financial need. The amount of each award ranges from $500 to $10,000 per academic year and is credited to the fall term charges. These awards are available to DMD students only.

Loan program information is subject to regular revision and should be verified with the Dental Medicine Financial Aid Office annually. The following loan program descriptions provide the most current information.

Loan Programs

Federal Direct Stafford Student Loan

The federal Direct Stafford Student Loan program is the most widely used student loan program for both undergraduate and graduate students interested in borrowing to help meet educational expenses.  Borrowing limits, interest rates and terms of repayment are determined and regulated by the US Department of Education.  The current interest rate for both subsidized and unsubsidized Stafford loans is fixed at 6.8%.  (No interest is charged on a subsidized loan while in school and during the grace and deferment periods.)  Repayment on both the subsidized and unsubsidized loans begins six month following graduation.  This is the initial source of financial assistance for all students, and will be assumed in all award packaging.  Further information may be obtained by visiting https://studentloans.gov.

Health Professions Loan
This loan has an interest rate of 5 percent, and is subsidized while the student maintains at least half-time enrollment status. Award amounts vary and are determined by parental income, class costs, financial status, and account balance. Repayment of this loan begins twelve months after graduation, with a maximum repayment period of ten years. In order to qualify for this loan, you will need to submit a copy of your parent's tax return (1040/A/EZ) regardless of your age or marital status. There is no exception to this requirement.

Alternative Loans
If the Stafford Loans and Health Professions Loans are not enough to cover all expenses an Alternative Loan is the next type of loan offered for consideration. They generally have variable rates and are unsubsidized loans.

Terms and conditions vary from lender to lender.  It is the student's responsibility to research the loan that best suits their need.